UEFA’s financial control board for clubs under its jurisdiction has made offers to the Premier League’s Manchester City, French giant Paris Saint-Germain and “several
others” deemed to have breached its rules governing so-called Financial Fair Play ahead of its meeting on Thursday, Sky Sports reports.

There are fewer than 20 clubs involved in total,
the report claims, and the offending clubs can either accept the sanctions, which could range from a reprimand, to a fine, to restrictions on the squad for European competition next season, or try to
negotiate a lesser punishment.

UEFA fears that spiraling costs could the death of smaller clubs that are spending well beyond their means and is desperate to give the sport more stability.
However, president Michel Platini is also keen to stamp out what Sky calls the “extortionate expenditure” of the likes of PSG, City and other clubs backed by super-wealthy
firms that is ruining the sport.

It is not known what settlements each individual club has been offered but UEFA could reveal the outcomes on Friday.